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20121202
20121210
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Search Results 0 to 2 of about 3 (some duplicates have been removed)
CNN
Dec 6, 2012 4:00pm EST
very careful not to say we have to go up to the clinton-era 39.6%. he hasn't used that number. and so he's -- you know -- >> right now it's 35%. >> right now it's 35%. so if you look in the middle, okay, 37% is a real possibility. but here's the caveat. john boehner, the house speaker, cannot take a rate increase to his caucus unless it is accompanied by some signal of real entitlement cuts. something that they do now and give a down payment on for the future. i don't think you get -- could get rates through unless the president gave a little bit. and if you look at the document from the grand bargain back in july of 2011, the president was willing to give on that. so we'll have to see if they can get back to that. but again, has to be one significant item that they know they'll be able to build upon in the future. an item from both sides. >> neither side's going to be thrilled. but they've got to compromise. >> that's the way life usually works, doesn't it? >> certainly does. thank you. >>> meanwhile, huge announcement today on capitol hill. the conservative senator jim demint of sou
CNN
Dec 4, 2012 1:00pm PST
.6% rate of the clinton years? he did not. so is there a little give ultimately to sort of say what if it doesn't go up to 39.6%, but say 37%, is that something the white house would accept? also, this that same interview, the president raised the possibility, which is that after you do tax reform and you close loopholes and deductions, that if the rate is raised, the top rate, there's always a possibility that after you do tax reform, of course, the top rate would then go down again. so it was -- you have to listen to the president very carefully to see where there might be some give. the problem from my point of view is that everybody knows what's got to be done in the long-term. it's the question of the short-term deal. >> john boehner, speaker of the house, he came up with a proposal. but not all the conservatives in the house and the senate are on board. jim demint, republican senator from south carolina. >> this is a time to negotiate with ourselves. we need to invite the president to work with us. his proposal was so outlandish, i don't think we should go back to the table un
Search Results 0 to 2 of about 3 (some duplicates have been removed)